TechDev Newsletter - Market Update Issue #39

Catching the Market Offsides + SOL / LINK / ETH / ADA

Though I’ve not spent time writing posts, I have kept one eye on social media over the last few weeks. Despite it offering distractions, I can still be useful tool to take the pulse of the market.

There’s been no shortage of bearish takes, with even most of the bullish crowd calling for the mid-to-low 30Ks multi-month “pre-halving correction” as a near-certainty.

That path was certainly a possibility as I discussed in this very letter. But, it seems, at least for now, the market has not given the crowd what it wanted.

Today we’ll review what the last couple of weeks of price action have done to the probabilities. We’ll look at what I believe is likely to come in the immediate-term, and how things are lining up for quite a ride (up and down) from now until 2025.

On the altcoin front, I am going to chart the top 4 vote-getters (SOL, ETH, LINK, ADA), considering each chart based on its own particular structure - rather than simply taking fibs from highs/lows and calling it a day. I will offer 2 targets for each, and this format will be the new one going forward.

Over the issues ahead, you’ll see these updated targets replace those in the Google Sheet to which members have access.

Today’s topics:

Bitcoin

• Slow Path Losing Out

• Fast Path Update

• In the Immediate Term

• What Comes After

Altcoins

• SOL Analysis

• ETH Analysis

• LINK Analysis

• ADA Analysis

• Next Issue’s Vote

Topping Signals

• Top Gauge

• Tether Dominance

• Bollinger Band Width

• Pi Cross